The Influence of State Capital Participation, Company Size, Environmental Costs, and Company Ownership Structure on The Financial Performance of BUMN in 2019-2023

Pyara Tri Amanda ; Saring Suhendro
International Journal of Economics, Management and... 📅 2025 Vol 2, No 3 🔗 DOI: 10.61132/ijema.v2i3.685
Abstract
This study aims to provide empirical evidence of the influence of state capital participation, company size, environmental costs, and company ownership structure on the financial performance of state-owned enterprises. This test uses a statistical tool, namely IBM SPSS version 25. The population in this study were all state-owned companies or BUMN, namely 113 companies and the sample selection used the purposive sampling method so that 31 companies were selected. The analysis methods used were descriptive statistical analysis, classical assumption test, multiple linear regression analysis, coefficient of determination, F test, and t test. The coefficient of determination of 0.58 indicates the ability of the independent variable to explain the dependent variable by 58%.
Keywords
Company Ownership; Company Size; Environmental Costs; Financial Performance; State Capital Participation
How to Cite

Pyara Tri Amanda & Saring Suhendro (2025). The Influence of State Capital Participation, Company Size, Environmental Costs, and Company Ownership Structure on The Financial Performance of BUMN in 2019-2023. International Journal of Economics, Management and Accounting, 2(3). https://doi.org/10.61132/ijema.v2i3.685

Pyara Tri Amanda; Saring Suhendro, "The Influence of State Capital Participation, Company Size, Environmental Costs, and Company Ownership Structure on The Financial Performance of BUMN in 2019-2023," International Journal of Economics, Management and Accounting, vol. 2, no. 3, 2025.

Pyara Tri Amanda; Saring Suhendro. "The Influence of State Capital Participation, Company Size, Environmental Costs, and Company Ownership Structure on The Financial Performance of BUMN in 2019-2023." International Journal of Economics, Management and Accounting, vol. 2, no. 3, 2025.

Pyara Tri Amanda; Saring Suhendro. "The Influence of State Capital Participation, Company Size, Environmental Costs, and Company Ownership Structure on The Financial Performance of BUMN in 2019-2023." International Journal of Economics, Management and Accounting 2, no. 3 (2025).

Pyara Tri Amanda & Saring Suhendro (2025) 'The Influence of State Capital Participation, Company Size, Environmental Costs, and Company Ownership Structure on The Financial Performance of BUMN in 2019-2023', International Journal of Economics, Management and Accounting, 2(3). doi: 10.61132/ijema.v2i3.685.

Pyara Tri Amanda; Saring Suhendro. The Influence of State Capital Participation, Company Size, Environmental Costs, and Company Ownership Structure on The Financial Performance of BUMN in 2019-2023. International Journal of Economics, Management and Accounting. 2025;2(3).

Artikel Terkait

The Effect of Corporate Social Responsibility (CSR) Disclosure and Political Connection on Corporate Tax Avoidance: A Study from Indonesia’s Mining Sector Listed Companies

Kinanti Ranum Falina; Retno Yuni Nur Susilowati

Do Ethical Standards Matter? Evidence on Auditor Behavior and Audit Quality

Yohanes Sri Guntur; Maria Goretti Kentris Indarti; Pancawati Hardiningsih; Jacobus Widiatmoko

Patient Engagement and Self-Efficacy Effects on Quality of Life,the Mediating Role of Accessibility

Aulia Putri Evindra; Kemala Rita; Sandra Dewi

The Impact of Electronic Word-of-Mouth (eWOM) on Consumer Purchase Intention: The Mediating Role of Trust

Chengxuan Wang; Yaqi Zhang

Enhancing Organizational Performance Through Strategic Human Resource Management in Public Sector Organizations

A.M Fadli Mappisabbi; Mursalin Mursalin; Nurasia Natsir

The Role of Work-Life Balance, Motivation, and Work Environment on Employee Performance of PT Pupuk Indonesia (Persero) Regional 2

Riska Putri Utami; Raden Ayu Aminah Rizkia Puspita Sari; Artha Febriana; Haunan Damar
Tren Sitasi Jurnal